MCQ Class 10 Economics Chapter 4 Globalisation and the Indian Economy

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MCQ’s For All Chapters – Economics Class 10th

1. Which one of the following Organization lay stress on liberalisation of foreign trade and foreign investment?

Question 1 of 19

2. Removing barriers or restrictions set by the government is known as

Question 2 of 19

3. Special Economic Zones (SEZs) are being set up to attract

Question 3 of 19

4. The MNC not only sell its finished products globally but, more importantly, the goods and services are produced globally. State whether true or false.

Question 4 of 19

5. ___________ provides the advantage of being a cheap manufacturing location.

Question 5 of 19

6. __________, footwear, and sports items are examples of industries where production is carried out by a large number of small producers around the world.

Question 6 of 19

7. __________, an American company, is one of the world’s largest automobile manufacturers, with production spread over 26 countries of the world.

Question 7 of 19

8. The products are supplied to the MNCs, which then sell them under their own brand names to the customers. These large MNCs have tremendous power to determine the _____.

Question 8 of 19

9. Ford Motors came to India in _______ and spent Rs. 1700 crore to set up a large plant near Chennai.

Question 9 of 19

10. When Ford established its manufacturing plant in India, it collaborated with _______.

Question 10 of 19

11. Ford Motors was selling 27,000 cars in the Indian markets, while 24,000 cars were exported from India to South Africa, Mexico and _______.

Question 11 of 19

12. Chinese toys have become more popular in the Indian markets. Within a year, ___________ of the toy shops have replaced Indian toys with Chinese toys.

Question 12 of 19

13. Globalisation is a process of slow integration or interconnection between countries. State whether true or false.

Question 13 of 19

14. _________ have led to a huge reduction in port handling costs and increased the speed with which exports can reach markets.

Question 14 of 19

15. The cost of _______has fallen. This has enabled much greater volumes of goods being transported by _______.

Question 15 of 19

16. Removing barriers or restrictions set by the government is known as _____.

Question 16 of 19

17. Starting around ________, some far-reaching changes in policy were made in India. The government decided that the time had come for Indian producers to compete with producers around the globe.

Question 17 of 19

18. Nearly _________ countries of the world are members of the WTO as of June 2014.

Question 18 of 19

19. Started at the initiative of the ________, WTO establishes rules regarding international trade and sees that these rules are obeyed.

Question 19 of 19

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